Mission society to expand investment in Africa
A $20m loan will be used over four years to support agricultural, health, education and financial inclusion institutions
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MISIF provides training and technical assistance throughout the life of the loan and beyond. (Photo: missio.org)
A $20 million loan from the US international development bank will allow a program started by the Pontifical Mission Societies in the United States to expand social-impact investing in enterprises operated by the Catholic Church in Africa.
The loan from the International Development Finance Corporation to the Missio Invest Social Impact Fund will be used over four years to support agricultural, health, education and financial inclusion institutions with church ties in the sub-Saharan region.
$20 million loan allows mission society s investment to expand in Africa
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$20M loan allows U S mission society to expand in Africa
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